Peer Solutions Inc

Analysis

Peer Solutions Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Peer Solutions Inc reported income of $754k and spending of $774k, spending 103% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $94k to $754k (+704%), an average of +52% a year. The sharpest change came in the year to December 2022, when income rose by 106%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Peer Solutions Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 73rd percentile within AZ. Charities of a similar size with the same main cause include Literacyworks ($753k), Pacific Theological Seminary ($754k) and Canterbury Classical School ($753k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $109k (14% of expenses). Other salaries and wages came to $375k. At year end it held assets of $96k against liabilities of $8,731, net assets of $88k. It reported 10 employees.